Huawei established new Digital Energy Technology company to research on digital energy

Huawei established a new company registered under the name Shanghai Huawei Digital Energy Technology Co. Ltd. The company has Zhou Taoyuan as its representative with a registered capital of 20 million yuan.

The main objective of the company is to research and develop the most efficient energy resources. Its work mainly involves:

• Online energy metering technology research and development.
• Online energy monitoring technology research and development.
• The power industry energy-efficient technology research and development.
• Emerging energy technology research and development.
• Energy recovery system research and development.

The establishment of Shanghai Huawei Digital Energy Technology shows that Huawei may conduct research and development in the field of electric vehicles, deepening its existence in vehicle manufacturing.

Looking at the equity prices of Huawei solely owns the company with 100% Digital Energy Holdings. It can be regarded as Huawei’s yet another fully owned subsidiary.

Huawei already has a number of patents registered related to the automotive industry. The Chinese tech giant is also working on a number of technologies for autonomous driving.

There are several patents that Huawei has applied that can optimize algorithms, realize all-weather operation, automatic parking, and more.

Huawei and GAC plans for smart electric SUV

In the related news, the GAC Group has recently announced its partnership with Huawei. Both these companies are planning for a new smart SUV that will integrate all the smart car solutions of Huawei and the resource of GAC.

It will be a pure electric vehicle. Furthermore, this smart car is said to enter mass production by the end of 2023. Read more here

(Via – It Home)